u/bkn6136

So what did this accomplish?

I commonly see on the internet people estimating their retirement savings balances at their retirement date by claiming they'll average 10% (or 7% inflation adjusted) over the life of their career based on the historical performance of the S&P 500.

However, prudent advice is to over time increase the amount of bonds in your portfolio compared to equities so that you are de-risking the closer you are to retirement. As we all know, bonds return significantly less than equities. So that 10% return people are banking on naturally decreases the closer you are to retirement. Hell, I even see a standard rule of thumb that you should have anywhere around 30-40% of your portfolio in bonds as you get within 10 years of retirement. That's a huge reduction in your annual returns at a time your balances are at their highest.

All this to ask - is everyone doing long term planning wrong? Is the assumption of a stock market equivalent return on investment up until retirement completely off base, and most people think their balances are going to be much higher than they actually are? If so, what is a more realistic estimated return for an average person saving 30+ years and retiring at 65? Something closer to 5% inflation adjusted?

18 inch WSM. On the top rack in between two racks of ribs is my temp probe (its on a clip elevated so not touching the rack.) Currently reading 191 after being at 245 when I took the lid off 30 minutes ago. Its 30 minutes later and the temp still isn't close to rebounding. Meanwhile the lid thermometer says it's at 300.

Also my bottom rack chicken that I put on 30 minutes ago (why i removed the lid) went from fridge temp to 145 internal in 30 minutes. Seems like its cooking way too fast.

Any idea? I'm suspecting I am actually at 300, not 245 like I want to be, and my probe just sucks.